Elco Drilling Inc Salary

Elco Drilling Inc Salary

How much does the Elco Drilling Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Elco Drilling Inc in the United States is $88,635. This translates to an approximate hourly wage of $43. Salaries at Elco Drilling Inc typically range from $78,082 to $100,027 annually, reflecting the diverse roles and experience levels within the company. Elco Drilling Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Elco Drilling Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Elco Drilling Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Elco Drilling Inc

Ready for your next career move? Explore current job openings at Elco Drilling Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Elco Drilling Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Elco Drilling Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
120k
100k
80k
60k
40k
20k
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Average Salary ($/year)
Elco Drilling Inc
Construction
Edens Construction Co
All Pro Construction
Industry Comparison
Our data shows that, on average, compensation at Elco Drilling Inc is below the average for the U.S. Construction industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Elco Drilling Inc average annual salary with several similar companies. Elco Drilling Inc average salary of $88,635 is higher than Edens Construction Co, which has an average salary of $85,745. It is lower than All Pro Construction, with their average salary at $92,485. This places Elco Drilling Inc in a mid-range position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Elco Drilling Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Elco Drilling Inc. Click a company name to learn more.

Employee Reviews: Working at Elco Drilling Inc

Considering a career at Elco Drilling Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Opportunities for career growth are real. While training is provided, opportunities for rapid career growth are limited. Training exists, but it's minimal unless you seek it out. Training is available, and it is evenly applied. They invest in training and encourage us to take on new responsibilities, fostering a culture where growth is actively supported.
Commented in April 16, 2025
14
3
I’ve found this company to be very structured and organized with strong leadership support. The company values transparency and regularly seeks employee feedback. Leadership listens attentively and encourages ideas that improve our processes. Leadership’s encouragement of innovation inspires me to bring my best ideas to every project. Projects are varied and challenging, which keeps the job intere...
Commented in September 08, 2024
17
1
A great place to grow professionally and contribute meaningfully. This construction company empowers its foremen and lead hands with the autonomy to make critical on-site decisions, fostering a sense of ownership and responsibility. The company makes a real effort to celebrate project milestones and team successes, fostering a positive and appreciative atmosphere. It’s a safe, middle-of-the-road c...
Commented in August 17, 2024
25
1

Elco Drilling Inc Overview

Website
www.elcodrilling.com
Founded In
1961
Employees
<25 employees
Industry
Construction
Headquarter Address
2011 W Union Ave Englewood Colorado CO 80110
Revenue
<$5 Million
Phone Number
+1 3037890549
Social Media
About Elco Drilling Inc
Elco Drilling was founded in 1961 by Richard Ludwig Sr., and for over 50 years Elco has grown to meet the increasing needs to serve our clients. Based in Colorado and Wyoming we service the Rocky Mountain Region with quality performance for deep foundation drilling, stabilization, and implementing modernized and advanced structural designs. Our longevity has been built on working hard to meet the

What Benefits Does Elco Drilling Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elco Drilling Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Denver?

Understanding the cost of living near Denver is key to truly evaluating a salary offer or your current compensation at Elco Drilling Inc.
Denver's Cost of Living Index is approximately 112.1 (12.1% more expensive than US average; 6.5% more than CO average). Housing costs are the primary driver above US average, high demand, vibrant city. Light Rail/Bus (RTD). When planning your budget based on a salary from Elco Drilling Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Elco Drilling Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $114 (RTD monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,044 - $4,694+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elco Drilling Inc

1. What is the average salary for employees at Elco Drilling Inc?

The average annual total compensation for employees at Elco Drilling Inc is approximately $88,635. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,082 to $100,027, depending on factors like job role, experience, and location.

2. How much does Elco Drilling Inc pay compared to Edens Construction Co?

The average annual salary at Elco Drilling Inc is $88,635, or an hourly wage of $43, in comparison to Edens Construction Co which pays $85,745 per year or $41 per hour.

3. What is the lowest salary at Elco Drilling Inc?

The lowest-paying job at Elco Drilling Inc is an Accounts Receivable with a salary of $39,269 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Elco Drilling Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Elco Drilling Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Elco Drilling Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Denver?

While some companies offer formal COLA, many, including potentially Elco Drilling Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Elco Drilling Inc?

Most companies, likely including Elco Drilling Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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